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CP Rail asks U.S. regulator to rule on its and CN's rival Kansas City Southern bids


 
CALGARY
The CEO of Canadian Pacific Railway Ltd. says a rival bid for Kansas City Southern by Canadian National Railway Co. carries a bigger price tag but can t win U.S. regulatory approval because of its negative affects on competition.
During the Calgary-based company s first-quarter financial results call Wednesday after markets closed, CP CEO Keith Creel listed off a long series of truths that suggest CP s offer made last month is better for shippers and investors than CN s competing bid made Tuesday.
So, were my eyes opened yesterday when I read the press release? The truth is yes, the headline number was undeniably eye-opening: 325 bucks (US per share), Creel said. ....

United States , Jean Jacques Ruest , Keith Creel , Canadian Pacific Railway Ltd , Kansas City Southern , Canadian National Railway Co , Canadian Pacific Railway , Canadian National Railway , Kansas City , Canadian Pacific , North America , Transportation Board , North American , Jacques Ruest , American Class , ஒன்றுபட்டது மாநிலங்களில் , ஜீன் ஜாக்ஸ் ரூஸ்ட் , கேய்ட் கிரியேல் , கனடியன் பெஸிஃபிக் ரயில்வே லிமிடெட் , கன்சாஸ் நகரம் தெற்கு , கனடியன் தேசிய ரயில்வே இணை , கனடியன் பெஸிஃபிக் ரயில்வே , கனடியன் தேசிய ரயில்வே , கன்சாஸ் நகரம் , கனடியன் பெஸிஃபிக் , வடக்கு அமெரிக்கா ,